LINATEX
ActiveLINATEX has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-43k) and a net result of €-112k. Equity is growing by ~20.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2024
7
/ 100
Critical▼ -43 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+100
Solvency37▼-22
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.65 against 1.4 in 2023), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-43.2%
Return on assets
-112.2%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€43k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-12-2025, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
71 d late
2022
66 d late
2021
59 d late
2020
88 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-43k
2023 · €69k
2018: €23k
2019: €25k
2020: €45k
2021: €50k
2022: €70k
2023: €69k
2018 → 2024
Total assets
€100k▼ 53.7%
2023 · €215k
2018: €107k
2019: €102k
2020: €78k
2021: €162k
2022: €193k
2023: €215k
2018 → 2024
Net result
€-112k▼ 15,138%
2023 · €-735
2018: €4k
2019: €2k
2020: €20k
2021: €5k
2022: €20k
2023: €-735
2018 → 2024
Working capital
€-50k
2023 · €58k
2018: €63k
2019: €51k
2020: €51k
2021: €45k
2022: €56k
2023: €58k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€45k-€50k▲ 12.1%€70k▲ 39.5%€69k▼ 1.1%€-43k
Operating result€22k-€15k▼ 30.4%€41k▲ 165%€10k▼ 75.7%€-110k
Net result€20k-€5k▼ 72.9%€20k▲ 267%€-735€-112k▼ 15,138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €110k after €10k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100k
Fixed assets
€7k▼ 39.1%
Current assets
€93k▼ 54.4%
Key figures and ratios
EBITDA
€-106k▼
2023 · €14k
Cash flow
€-108k▼
2023 · €3k
Solvency
-43.2%▼
2023 · 32.0%
Current ratio
0.65▼
2023 · 1.40
Quick ratio
0.60▼
2023 · 1.28
Debt / equity
-3.31▼
2023 · 2.13
ROE
259.7%▲
2023 · -1.1%
ROA
-112.2%▼
2023 · -0.3%
Interest coverage
-68.71▼
2023 · 2.95
Debt
€143k▼
2023 · €147k
Debt ≤ 1 year
€143k▼
2023 · €147k
Income taxes
€146▼
2023 · €6k
Staff costs
€39k▲
2023 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€215k€100k▼
Fixed assets21/28€11k€7k▼
Tangible fixed assets22/27€11k€7k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€2k▼
Other tangible fixed assets26€3k€3k▼
Current assets29/58€205k€93k▼
Stocks and contracts in progress3€17k€8k▼
Stocks30/36€17k€8k▼
Amounts receivable within one year40/41€186k€85k▼
Trade receivables40€53k€53k=
Other amounts receivable41€133k€32k▼
Cash at bank and in hand54/58€2k€771▼
Equity and liabilities
Total equity and liabilities10/49€215k€100k▼
Equity10/15€69k€-43k▼
Contributions10/11€19k€19k=
Reserves13€2k-
Distributable reserves133€2k-
Profit (loss) carried forward14€48k€-62k▼
Amounts payable17/49€147k€143k▼
Amounts payable within one year42/48€147k€143k▼
Trade debts44€104k€93k▼
Suppliers440/4€104k€93k▼
Taxes, remuneration and social security45€43k€49k▲
Taxes450/3€41k€29k▼
Remuneration and social security454/9€1k€21k▲
Income statement
Code20232024
Remuneration, social security and pensions62€11k€39k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€24k€34k▲
Gross operating margin9900€50k€-33k▼
Operating profit (loss)9901€10k€-110k▼
Financial charges65/66B€5k€2k▼
Recurring financial charges65€5k€2k▼
Profit (loss) for the period before taxes9903€5k€-112k▼
Income taxes67/77€6k€146▼
Profit (loss) for the period9904€-735€-112k▼
Profit (loss) for the period to be appropriated9905€-735€-112k▼
Appropriation of the result
Profit (loss) to be appropriated9906€48k€-64k▼
Profit (loss) brought forward from the previous period14P€49k€48k▼
Transfer from equity791/2-€2k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Weakest financial yearnet €-112k
Net result drops to €-112k, the lowest in the series.
10-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 71 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 59 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
31-12
Financial
Highest result since 2018net €20k ▲1161%
Net result €20k, the highest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
04-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 278 days late
2018
17-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 139 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hof ter Heidelaan 382660 AntwerpenGround area
857 m²
Building footprint
266 m²
Volume, LiDAR
3,693 m³
2 parcels, Flanders · tallest building 24.5 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
ESRA MODE
since 20072.164.479.972
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H0951/00K000 | Flanders | 690 m² | 1 · 190 m² | 24.5 m · 8 fl. |
| 11019B0121/00X007 | Flanders | 167 m² | 1 · 76 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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PADECOR
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CHLARé
BE 0783.958.354
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MONEDI
BE 0860.239.055
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CHARTEX
BE 0449.737.431
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Of 1,268 companies in sector 47512 we hold annual accounts for 579. 478 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-06-2003
Fiscal year end31-12
Activities, NACEBEL
47512Retail sale of household textiles and bedding
51410
46412Wholesale of household textiles and bedding
52410
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.